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All the recessions that didn’t happen

Adani completes INR 15446 crores secondary equity transaction, SC order on Adani-Hindenberg, Potential default by Pakistan, ChatGPT, Vedanta debt issues & FMCG companies analysis

Good Morning, valued readers!

Stock Market Cap. to GDP ratio or popularly called as The Buffett Indicator stands at 86.98

Corporate

HDFC Bank - Completion Of Issuance Of U.S.$ 750,000,000 5.686% Senior Unsecured Reg S US$ Bonds Under The US$ 3 Billion Medium Term Note Programme (Link)

Adani Green - Media Release titled: 'Adani Green's Operating Renewable Portfolio reaches 8,024MW, the largest in India (Link)

Fino Payments - Mr. Avijit Churamoni Saha (DIN:05102009) has resigned as Non-Executive-Nominee Director from the Board of Fino Payments Bank Limited ('Bank') (Link)

Assoc. Alcohols - Status Update On The Scheme Of Amalgamation Between The Associated Alcohols & Breweries Limited And Mount Everest Breweries Limited (Link)

Rolta India - Intimation for Resignation of Shri Lt. Gen K T Parnaik (Director) (Link)

India Grid Trust - Completion of acquisition of Khargone Transmission Limited (Link)

Centron Indl - Resignation of Chief Financial Officer (CFO) (Link) & Resignation of Company Secretary / Compliance Officer (Link)

H P C L - Issue of Unsecured, Redeemable, Non-Convertible, NonCumulative, Taxable Debentures on Private Placement Basis. (Link)

Indian Bank - Interest Rates Updates (Link)

MOIL - Copy of the press release titled 'MOIL records 10% jump in production in Feburary'23 ' issued to the press. (Link)

Filatex Fashions - Resignation of Director (Link)

Prism Johnson - Updates On JV letter dated August 3, 2022 wherein we had intimated regarding the installation of a new kiln and increase in tile production capacity by 1.2 million (Link)

Avanti Feeds - Transcript of post earnings Audio Conference Call for Q3 FY 2022-23 (Link)

Mehai Technology - Fund raising of an amount not exceeding Rs. 21,42,00,000/- (Rupees Twenty-One Crores and Forty Two Lakhs Only), through a Rights issue to the eligible equity shareholders of the Company as on Record date (to be notified subsequently) (Link)

Alembic Pharma - The impairment review so carried out by the Company on the CWIP lying in the books of the Company as on 1st January, 2023 for these Manufacturing Facilities indicated an aggregate impairment amount of Rs. 1,150.43 Crores (“Identified CWIP”) (Link)

Presentations

Persistent Systems (Link)

NBCC (Link)

Macfos Ltd (Link)

Mallcom (India) (Link)

Action Const Equipment (Link)

Earnings Call Transcript

SKF India (Link)

Monthly Business Updates

M & M Fin. Services (Link)

Escorts Kubota (Link)

Dividends/Bonus/Split/Rights Issue Calendar (Link)

Bulk Deals/ Block Deals/ Short Selling Archives (Link)

IPO/Fund raisings (Link)

Earnings

Frontier Capital (Link)

Bargain Hunting

52 week Lows

Brightcom Group Ltd (New 52W Low 21.60)

Laurus Labs Ltd (New 52W Low 305.90)

Cipla Ltd (New 52W Low 884.50)

Avanti Feeds Ltd (New 52W Low 362.05)

Rossari Biotech Ltd (New 52W Low 606.15)

Relaxo Footwears Ltd (New 52W Low 768.05)

Thyrocare Technologies Ltd (New 52W Low 448.50)

Indigo Paints Ltd (New 52W Low 991.25)

Headlines Round up

Adani Portfolio companies complete INR 15,446 Cr secondary equity transaction with GQG Partners (Link)

Supreme Court order on Adani-Hindenburg (Link)

Markets brace for potential default by Pakistan (Link)

Is ChatGPT Coming for Your Job? (Link)

China’s Factories Report Surge in Activity After Lockdowns End (Link)

All the recessions that didn’t happen (Link)

Fast-moving Musk makes very slow progress turning Twitter into “everything app” (Link)

Vedanta is the new target of the bears, says Sandeep Sabharwal (Link)

How to do Business Analysis of FMCG Companies (Link)

The Luckier You Are The Nicer You Should Be (Link)

99 Vs 0 (Link)

Why half of India's urban women stay at home (Link)

Chris Rock Is Finally Ready to Talk About Will Smith’s Oscar Slap (Link)

Intelligent Investor (Buy Here)

Its surprising to see that it’s been published in multiple Indian Languages (Check Out).

Info-graphic

2023 Inflation Forecasts by Country

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The Value Hack Team

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